$XAU Entry Zone: 4,138.69 - 4,159.49
TP1: 4,349.76
TP2: 4,510.30
Protection Level: 4,014.53
XAU shows a short-term rebound probability after it tests the support level of 4,153, which closely aligns with the lowest level over the past 24 hours. Since the RSI(6) indicator on the 15-minute timeframe is at 47 and the price is holding above the last wick, a long scalp trade provides a suitable risk-to-reward setup.
Trade here 👇👇👇
TP1: 4,349.76
TP2: 4,510.30
Protection Level: 4,014.53
XAU shows a short-term rebound probability after it tests the support level of 4,153, which closely aligns with the lowest level over the past 24 hours. Since the RSI(6) indicator on the 15-minute timeframe is at 47 and the price is holding above the last wick, a long scalp trade provides a suitable risk-to-reward setup.
Trade here 👇👇👇